Local architect and developer Peter Renner is planning to build 10 new townhouse condominiums next year in Milwaukee’s historic Third Ward neighborhood.

The planned three-story condos on East Summerfest Place, each including a two-car garage, will be priced to sell in the $500,000 range, according to local news reports. Construction could start in spring, and be completed by the end of next year.

Renner, co-founder of Renner Architects, told local reporters that demand from home buyers is strong at his nearby Harbor Front development, where a two-bedroom condo now sells for $550,000, up from their original price of around $300,000.